Dan Rather on Paramount’s $16 Million Trump Settlement: ‘It Was a Sell-Out to Extortion by the President’ (EXCLUSIVE) – Variety

Jul 2, 2025 7:11pm PT

Dan Rather on Paramount’s $16 Million Trump Settlement: ‘It Was a Sell-Out to Extortion by the President’ (EXCLUSIVE)

Legendary former CBS News anchor Dan Rather expressed disappointment Wednesday at Paramount Global‘s decision to pay $16 million to the Trump administration and settle its lawsuit over a “60 Minutes” report.

“It’s a sad day for journalism,” Rather told Variety. “It’s a sad day for ’60 Minutes’ and CBS News. I hope people will read the details of this and understand what it was. It was distortion by the President and a kneeling down and saying, ‘yes, sir,’ by billionaire corporate owners.

Read more: Dan Rather on Paramount’s $16 Million Trump Settlement: ‘It Was a Sell-Out to Extortion by the President’ (EXCLUSIVE) – VarietySource Links: Dan Rather on Paramount’s Trump Suit Settlement: ‘It Was a Sell-Out’